BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL Message Board

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Strategies & Market Trends : BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL

B 32.85

+2.5%

11:10 AM EDT

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To: Market Tracker who wrote (72)	3/2/1998 8:12:00 PM
From: Market Tracker	Read Replies (1) of 87

Barnes has had a very solid performance over the first 2 months of 1998, registering better than a 30% increase in price. I hate to cast dispersions on one of Wall Street's biggest big wigs, but Prudential's Ralph Acampora's recommendation on W$W on 1/2/98, that Barnes was one of his best 5 shorts for 1998, hasn't panned out so far. I still can't see the rationale of his decision, although he still has 10 months in which to make a liar out of me. I continue to look for EPS growth for 1998 to range between +8 and 12%, and a dividend increase is in order over the next 6 months as well. Early 1998 projections call for $2.20-$2.25 EPS. Come on Ralph, admit you were wrong this this one. MT

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